Belt and Road Initiative

Work resumes on China-Laos railway: Full steam ahead for Beijing’s Belt and Road?

Construction has resumed on the new US$6 billion China-Laos railway, a key piece of Beijing’s Belt and Road Initiative, despite the deep impacts of COVID-19 across the region. But as the pandemic brings new questions about sustainable growth and resilience, it’s changing the calculus for the governments and local communities that host China’s new development projects.

Can Laos manage its debt to China?

Laos borrowed heavily from China to finance key infrastructure and development projects. Prime Minister Thongloun Sisoulith claims the debts are manageable. Is he right?